Tuesday, December 03, 2024

Review: Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids

Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids Love, Money, and Parenting: How Economics Explains the Way We Raise Our Kids by Matthias Doepke
My rating: 5 of 5 stars

Quite a fascinating look at parenting and the numbers behind the phenomena.

Why are there so many helicopter parents today compared to the 70s and 80s? And why were parents so permissive then? And why did the baby boom even occur? It is quite evident when looking at the data. The rise in inequality will likely exacerbate the helicopter mom/ tiger mom mentality. But at the same time, as we saw in the past, when middle class people try to get ahead, they end up acting very differently from the leisure class (I wish they had discussed the implications of this latest one a bit further).

Highly recommended.

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